Business News

Islamabad: Pakistan's cement sector recorded a substantial surge in dispatches for July 2025, reaching 4 million tons, a remarkable 30% year-on-year increase. This growth was fueled by a rise in both domestic and international shipments. Local deliv...

Islamabad: Pakistan's automotive industry experienced a significant boost in July 2025, with sales volumes rising 22% year-on-year to reach 12,603 units. This growth was primarily driven by a 28% year-on-year increase in passenger cars and light comme...

Islamabad: Pakistan's car sales experienced a significant annual increase in July 2025, jumping 28% year-over-year to reach 11,034 units, according to Pakistan Automotive Manufacturers Association (PAMA) data. However, sales saw a substantial 49% mont...

Islamabad: Allied Bank and the Lahore University of Management Sciences (LUMS) have formed a partnership to propel innovation in blockchain technology within Pakistan's financial sector. The institutions signed a Memorandum of Understanding (MoU) to c...

Islamabad: NLC and DP World are collaborating to create "Pakistan Mart" in Dubai, a tax-free trade center with over 500 outlets for Pakistani exporters. The initiative, announced at the Korangi Association of Trade and Industry (KATI), aims to signifi...

ISLAMABAD: Pakistan Oilfields Ltd (POL) announced a 19% decrease in net profit after tax (NPAT) for the fourth quarter of fiscal year 2025, amounting to PkR7.4 billion, or an earnings per share (EPS) of PkR26.2. This result, while surpassing some expe...

Karachi: Engro Powergen Qadirpur Ltd (EPQL) reported a significant decrease in its net profit after tax, with a drop of 71% year-on-year to PkR460 million, or an earnings per share of PkR1.42, for the first half of the calendar year 2025. The decline ...